OpenAI and SpaceX are Racing to IPO First

Jaden Schaefer· Host0:00

We know that OpenAI is targeting a roughly September IPO, but according to some reports from Goldman Sachs and Morgan Stanley, they could be filing as soon as next week for this IPO. In addition, Google AI mode has just hit one billion monthly users. Their usage has doubled every quarter, which is insane, and Stability AI has just released Stable Audio 3.0. It has six-minute-long song generation as a new capability, which is really impressive. I love all of the competition in the music space as someone that has been putting music on Spotify for almost ten years. Iris Go has just raised two point eight million dollars in a seed round to build a proactive AI desktop automation agent. That sounds like a lot of words, but it's actually a very useful tool, uh, as we're getting more and more of these kind of like Claude Cowork and other computer use things. I wanna break down exactly what Iris Go is doing. In addition, more Google news, and to be fair, they just did Google IO yesterday, so we have a ton of Google news that came out, but they are embedding AI-generated product descriptions inside of search ads. They're doing a ton of other stuff, so we'll have kind of a Google news roundup as well at the end. I want to kick this episode off with a bit of the job markets. Uh, we have some reports that Intuit is cutting their global workforce by seventeen percent. A lot of this is due to what they are calling AI restructuring. Seventeen percent of their global workforce is about s- three thousand people, and that's a bunch of office closer-closures in Reno, Nevada, and Woodland Hills,